investingLive Asia-pacific FX information wrap 19 Aug: Like watching paint dry

When you simply obtained to your desk for the day, don’t be concerned, you did not miss a lot. It was an exceptionally quiet session with little or no to get enthusiastic about when it comes to worth motion.

• Japan PM requires ceasefire and truthful peace, weighs function in Ukraine safety
• FX choice expiries for 19 August 10am New York reduce
• S&P affirms US AA+ ranking with steady outlook regardless of excessive deficits
• Essential implied volatility ranges for USDCAD, EURCAD, GBPCAD and CADJPY
• Hurricane Erin nears Bahamas, heads towards US Atlantic coast
• RBC 1-Three month outlook for main currencies
• OpenAI launches ChatGPT Go in India for 399 rupees
• PBOC units USD/ CNY reference charge for as we speak at 7.1359 (vs. estimate at 7.1846)
• Preview for the Canadian CPI information later as we speak
• Australia Client Sentiment 5.7% vs zero.6% prior
• Rubio backs Ukraine safety ensures, confirms Trump urged Putin to satisfy Zelenskiy
• PBOC is anticipated to set the USD/CNY reference charge at 7.1846 – Reuters estimate
• Morgan Stanley expects a hawkish leaning Powell this week
• Zelenskiy pushes for actual peace, indicators US help on safety ensures
• NATO chief calls Washington talks a breakthrough on Ukraine safety ensures
• BTC exhibiting greater timeframe divergence
• Financial Calendar for as we speak 19 Aug 2025
• Finland’s president outlines progress on Ukraine safety ensures
• German Chancellor Merz calls Ukraine talks decisive, backs safety ensures
• UBS: View throughout main FX for the week forward
• Kremlin says Trump and Putin name targeted on Ukraine talks and ongoing cooperation
• Cross Asset Snapshot: uneven begin throughout markets with eyes on jackson gap
• Von der Leyen stresses allied unity and safety ensures for Ukraine
• UBS likes promoting upside in USDCAD and EURNOK
• investingLive Americas FX information wrap 18 Aug: Zelenskyy/EU leaders meet with Trump
• Trump pauses assembly with EU leaders to name Putin
• Arm hires Amazon AI chip director to steer in-house chip effort
• Goldman expects additional USD depreciation on account of financial efficiency

Catalysts have been very skinny. We has a plethora of politicians all weighing in on the Trump/EU assembly, however all of them principally simply mentioned what we already knew. There have been some positive-looking developments when Trump had a cellphone name with Putin, and the general message from each the US and the Kremlin was optimistic and exhibits ongoing engagement.

There’s discuss of article-5 safety ensures, however I am sceptical on whether or not the US or different allies will wish to decide to that given the current historical past.

In FX, the NZD has been the strongest foreign money on the session thus far, with the CAD the weakest. There have been no actual catalysts in play and most main pairs noticed very small and contained strikes.

Fairness futures are technically buying and selling within the purple for a lot of the main benchmarks when taking a look at share change. Howeve, when wanting on the precise worth charts you may have to essentially squint to see the draw back.

In commodities, gold was the outperformer by a whopping zero.19% thus far, whereas oil was down near half a %.

Treasury yields moved up barely.

All-in-all, a reasonably boring session. Let’s hope CA CPI can shake issues up a bit later within the day.

This text was written by Arno V Venter at investinglive.com.